High interest rates hitting travel even harder due to needless payment collection delays

High interest rates hitting travel even harder due to needless payment collection delays

With global interest rates hitting historical highs – currently at 5.25% in the UK following an increase recently and 5.25% in the US – and economists anticipating further increases, many businesses across the whole of the travel spectrum are finding it harder to meet their debt commitments or raise further cash. However, it is often…

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Research reveals what 10 popular tourist destinations could look like in 2050 due to the impact of climate change

Research reveals what 10 popular tourist destinations could look like in 2050 due to the impact of climate change

DiscoverCars.com worked with an environmental specialist to determine the potential changes to destinations and road conditions within the next 27 years. Climate change is one of the most serious issues we are facing today. Already, glaciers in the Arctic have begun to melt – increasing sea levels and causing mass-flooding in coastal areas. Additionally, many…

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Record summer bookings stretching finances of many due to outdated payments tech

Record summer bookings stretching finances of many due to outdated payments tech

This year’s more than welcome record summer for travel bookings brings with it the unwelcome need to increase working capital, warns Spencer Hanlon from global real-time payments platform Nium, which provides services to online travel agencies, hotels, and airlines around the world.  He points out that “without increasing working capital, a company could potentially be wiped out this summer…

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Machu Picchu Closed Indefinitely Due To Civil Unrest In Peru

Machu Picchu Closed Indefinitely Due To Civil Unrest In Peru

The world-famous tourist attraction Machu Picchu has been closed indefinitely because of ongoing protests in Peru. Entrance to the site, the Inca Trail Network, and rail services in the area have all been suspended by Peruvian officials. 418 visitors, including 148 foreign tourists, were stranded at the site for hours on Saturday but have since…

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Corendon Airlines adds extra routes due to success of 50% campaign

Corendon Airlines adds extra routes due to success of 50% campaign

Corendon Airlines has added additional summer 2023 capacity, due to the success of its Summer 2023 ‘upto 50% off campaign’, launched earlier this month. Customers will receive upto 50% reduction on all flights purchased to travel between the 1st of April and the 31st of October 2023. The campaign is due to end on the 29th…

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Thousands Of Flights Across The U.S. Grounded Due To FAA System Failure

Thousands Of Flights Across The U.S. Grounded Due To FAA System Failure

Travelers across the U.S. have been majorly affected this Wednesday as thousands of flights have been delayed due to a failure of the Notice to Air Missions System (NOTAMS). The system is meant to give pilots last-minute flight and safety information before flying. According to FlightAware data, over 1,200 flights have been delayed as of…

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Princess Cruise Ship Skips Port Call Due to COVID-19 Cases

Princess Cruise Ship Skips Port Call Due to COVID-19 Cases

This most major outbreak of COVID-19 in Australia has hit the Grand Princess, a cruise ship operated by Princess Cruises. Some media sources stated that Newcastle officials turned away the 107,500-ton cruise liner, but Princess said it opted to bypass the port after discussing it with local health officials. The fourth wave of COVID-19 is…

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Tulum Losing Popularity Due To Ridiculously High Prices - Here's Where Tourists Are Going Instead

Tulum Losing Popularity Due To Ridiculously High Prices – Here’s Where Tourists Are Going Instead

In a surprising turn of events, Tulum is losing its prestige as one of America’s favorite destinations due to ridiculously high prices. Amid reports of inflated taxi fares, already pricier than Manhattan’s, and unsustainable tourism development, vacationers have started to look for alternatives in Mexico where they’ll get the best value for money. From a…

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Thanksgiving Travel Delays Due To Storms And Cancellations: Here’s How To Avoid Them

Thanksgiving Travel Delays Due To Storms And Cancellations: Here’s How To Avoid Them

An estimated 55 million will be traveling this Thanksgiving, and the last thing anyone wants getting in the way of their turkey plans is trip disruptions. AccuWeather’s experts have warned that there are some developing storms across the U.S. that could impact travel around the holiday time. From heavy rain to strong winds and accumulating…

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